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What is a payroll card?

A payroll card is a prepaid card arranged by an employer for the purpose of paying its employees’ wages or salary. An employer arranges with a bank or other financial institution to pay its employees with a payroll card. The ...

What is a grace period for a credit card?

A grace period is the period between the end of a billing cycle and the date your payment is due. None During this time, you may not be charged interest as long as you pay your balance in full by ...